Veterinary Anesthesia Equipment Market Size Is Anticipated To Reach USD 1.66 Billion By 2025
The global veterinary anesthesia equipment market size is expected to reach USD 1.66 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.2% during the forecast period.
94105(firmenpresse) - The Report Veterinary Anesthesia Equipment Market Size, Share & Trends Analysis Report By Animal Type, By End Use, By Product (Complete Anesthesia Machines, Ventilators, Accessories), and Segment Forecasts, 2018 – 2025
The global veterinary anesthesia equipment market size is expected to reach USD 1.66 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.2% during the forecast period. Increasing incidence of oral diseases in dogs & cats is creating a greater need for veterinary machines for dental surgery. This, in turn, is providing numerous opportunities to the manufactures operating in the veterinary anesthesia machines market space. In addition, rising incidence of foodborne & zoonotic diseases and bacterial infections that lead to critical conditions are anticipated to fuel the demand over the forecast period. The veterinary medicine field experienced drastic technological developments in the last 20 years.
Growing number of animal health practitioners in response to advanced anesthesiology is expected to augment the demand during the forecast period. In addition, rising penetration of pet insurance is anticipated to fuel the adoption of surgical practices for animals, which will thereby boost the growth of the veterinary anesthesia equipment market. Furthermore, increasing number of pet owners is anticipated to promote the adoption of animal health care services, which is likely to drive the overall market during the forecast period.
Access Research Report of Veterinary Anesthesia Equipment Market (at) www.grandviewresearch.com/industry-analysis/veterinary-anesthesia-machines-market
Further key findings from the report suggest:
The complete veterinary anesthesia equipment segment accounted for the largest revenue share in 2017. The demand for integrated systems by animal health practitioners in surgical procedures is projected to increase over the forecast period
The small animal segment, which includes companion animals, is anticipated to witness significant growth in the coming years due to growing pet adoption and increasing concerns regarding pet health by owners.
Clinics & hospitals are expected to witness substantial growth during the forecast period due to increasing pet owner’s preference and availability of surgeons in these facilities
Presence of a large number of established animal health clinics and laboratories that are consistently striving for extensive commercialization of their services in North America is bolstering the growth of the regional market
Asia Pacific is poised to experience lucrative growth in the coming years owing to increasing collaborations by public and private organizations to promote the adoption of animal health services
Some of the key companies present in the market are Mindmark, JD Medical, Smiths Medical, and Patterson Companies. The companies are involved in development of novel analgesic that gives relief to pets. There are various molecules in pipeline expecting approval during the forecast period.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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Datum: 03.12.2019 - 11:35 Uhr
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